There are two townhouses for sale, taxes on the higher one are $4,263. You should know this townhouse has COAH deed restrictions, please give me a call for more information. I sold 2 of the 5 market sale townhouses and can assist you with this one.

Bottom line, these are investment properties,in that if you can afford to buy it you make too much to live there! Prospective tenants need to be pre-qualified by the housing authority but you as the landlord can interview and chose from the pre-approved tenants. Please feel free to call me as we are representing these properties and have more extensive information available to prospective buyers!
Best,
Kathy
Kathryn Ward Grabowy, ABR, CREN
Realtor Associate
RESOURCES Real Estate
Rumson, NJ
732-259-5505

There are two units on the market in this complex. One for $275K and the other for $285K. The taxes are $4125 and $4263. These two units are COAH deeded. Which means, if you purchase the unit it can only be used for rental purposes, it cannot be owner occupied. And there are restrictions as to how much rent can be collected, for example, the rent for $285K unit is $755. There are restrictions on the tenant's income/etc. Please google NJ Council On Affordable Housing to find out the latest so you have a better understanding.

Cynthia Meehan
Heritage House Sotheby's International Realty
23 West River Road
Rumson, New Jersey 07760

Several of my colleagues have already given you the property taxes. COAH is an acronym for the NJ Council On Affordable Housing; make sure you understand what this means in terms of having to comply with the provisions on affordable housing under New Jersey's Fair Housing Act.